₦airaland Forum

Sholaadey:
My brother it’s still the same thing.
Customers are customers regardless of their region or location.
If China prints money to build products for export, their customers will be buying such products with the RMB or Yuan.
If China prints more money to build local infrastructures to produce product for local customers, those customers too will be paying for such products using the RMB or yuan. So Stop deceiving yourself. There’s nothing like inflation if the government knows the right things to do with such money.

Print money, build a gas plant and refine gas locally for local customers.
Print money and support national companies to be able to produce more quality goods efficiently
Print money and support our local rice production, palm oil exports and the technology sectors.
Impose absolute price regulations on goods produce locally.
Print money and use as PPP (payment/pay check protect plans) for companies to therefore increase the economy employment rate which in turns increase the human capital.
Print money to build schools and equip such schools with adequate facilities to be able to inject high number of innovative personnels into the work force ecosystem.
Print money to build government assisted factories for technology and innovation such as car plants, road construction companies, real estates etc. m
And numerous others. Doing these will have a superficial but short lived inflation effects. The more human and economic resources that exists within the country increases, the faster the rate at which the inflation that occurs as a result of the execution of the above moves diminishes.
Try and learn economics to the core my bro. No disrespect.

What the government should not do is Borrow or print money to pay salaries. Borrow or Print money to service debts. These ones are the type of reasons to print money that leads to inflation or hyperinflation.

Sholaadey:
Brain washed lots

It’s okay for a government to borrow $1b dollars but it’s never okay to print $1b lmao.
What’s the major difference between the two? Nothing other than one lets them get the money right from home and the other would involve a promissory third party.

USA, EU and CHINA prints money everyday. What they don’t do is sharing or pushing the money into circulation ordinarily.
They build super infrastructures with these kind of money, tho this will temporarily cause inflation, And in the long run, would contribute immensely to their economic development.

You can print or borrow money to build a gas plant which is quite alright, but printing or borrowing money to service debt or pay salaries or cater for high cost of maintaining democracy is what’s wrong, leading to the dreadful super inflation.

tuneryblue:
Good day
I screen shot your post on addiction where you talk about gambling and how you bet and rollover for months.. pls I just want to know some things about it.. pls reach me on 07034225981

kiddkash:
He will use small party to move to a bigger one

Belawy:
You made some good view point at the beginning but spoilt it because of your partisan politics. Printing more money in an economy is bad cos plenty money would chase view goods. But they're still some cases you still have to print money to address some certain things

Blackfire:
Infact Peter obi will be arrested if he steps inside Nigeria...


Mark my word


Enough is enough


Structure less party

SugarGirl44:
That opinion is not logical, y'all are just following the crowd.

alphaNomega:
Practically, the prices are well regulated that even your cost of production does not increase.

Everyone gets extra N5m

Demand for your beans increases

Why do you increase your price of beans?

SugarGirl44:
You spoiled your speech with the last statement.
Obi who is a dullard is who you're planning to hand over Nigeria to.
He will handle it the way anambra is, deserted!
Someone who imports common tin tomatoes and is even proud of it.
But suddenly he realizes the country is too dependent on imports.

Say something else abeg.

porthouse7:
u come spoil ur d point ur are driving with obi inclusion, obi is also a daft man

dazzlingd:
And after threatening their patron, they turned their back on Buhari and began to threaten him

alphaNomega:
Textbook people...think outside the box.

Now in this your example, what happens when the price of beans does not change no matter how much money is pumped in?

alphaNomega:
You are still giving another textbook analysis.

Let's say the price regulatory agencies maintain the cost of goods and services despite giving every Nigerian N5m naira. That's one of the points OP pointed out

God1000:
If I talk now, some people will be angry


This show should be banned forever, they are corrupting our youths and that should bother you

Frezhkid10:
But the USA and other western nations printed cash to sustain their economy but we can’t because they told us it will cause inflation...
I don’t support tinubu ooo..but you see that printing cash idea he brought was the best thing for Nigeria at that time..

Komu1048:
If you want to debate tinubu regime n Peter Obi as govt. the state of their state when they were governor and what they left behind as at now. I will flaw you mercilessly, don’t compare a dog with a lion. I have stayed in the two state I can tell you how it was n how they left it. Abeg shift

PNomsule:
It appears the responders I'm getting on this issue are plain textbook analysis and not even addressing the issues from the points I posited, especially that the fears you raised, my post envisaged it already?

Can prices be controlled, if not what then is the usefulness of the Pricing Regulatory & Control bodies we have in the country?

What happens to the urgency of Capitalists to get more people employed as to meet rising demands associated naturally from too much money chasing fewer goods?

RapistOnBail:

To be ajebo for this life no always good

Latidoh1:
Which department?

Ready100: